1 Introduction -- 2 The Economics of Public Utility Regulation: An Overview -- Commentary by William M. Dugger -- 3 Pricing and the Electric Utility Industry -- Commentary by John Wenders -- 4 Telecommunications Regulation — The Continuing Dilemma -- Commentary by Basil L. Copeland, Jr. -- 5...

We use United States Securities and Exchange Commission (SEC) comment letters and accounting restatements to investigate the SEC's Division of Corporation Finance (DCF) financial reporting oversight procedures. We investigate how DCF compares with “other monitors” in identifying disclosures...

UK's fiscal profligacy is exacerbating the downturnIn the twenty-sixty IEA Discussion Paper, Professor David B. Smith examines M4X as a measure of the supply of broad money.It has been argued that quantitative easing (QE) is designed to prevent a collapse of broad money. However, the official M4...

Users alleged that, under SFAS No. 14, many large and complex firms 'under-reported' their segments. A primary reason offered to justify this behavior was managers' desire to avoid competitive harm that supposedly would arise from disclosing sensitive segment profits to competitors, customers...

The AICPA SEC Practice Section notification rule requires a member firm to notify its former client and the Chief Accountant of the SEC in writing within five business days of the date it determines the client-auditor relationship has ended. The rule is unique because it was developed and is...